§ 24-1. Legal rate is eight percent.

Chapter24.

Interest.

Article 1.

General Provisions.

§ 24‑1.  Legal rate iseight percent.

The legal rate of interestshall be eight percent (8%) per annum for such time as interest may accrue, andno more. (1876‑7, c. 91; Code, s. 3835; 1895, c. 69; Rev.,s. 1950; C.S., s. 2305; 1979, 2nd Sess., c. 1157, s. 1.)